The NBA had it's most proffitable year this year. I would say his generation's stars are doing just fine on their own.
Lockout!!!
- Thread starter colton
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The NBA had it's most proffitable year this year. I would say his generation's stars are doing just fine on their own.
carolinajazz
Well-Known Member
....today's NBA game is virtually unwatchable....and the only reason I watch some of it, is because.......I really can't think of any good reason. So I'm pulling for a year long lock out....so I won't be able to watch any of it anyway!
Gyp Rosetti
Banned
Link? Because according to NBA reps, the league lost 340 million.
Gyp Rosetti
Banned
NBA teams averaged 17,323 fans per game last season, up slightly from 17,165 the previous season of 2009-2010. Both numbers are the lowest for the league since 2004-2005.
2008-9: NBA 17,520
2007-8: NBA 17,396
2006-7: NBA 17,767
2005-6: NBA 17,548
In 1997-1998, the average attendance was 17,135. 270M people lived in the U.S. at that point. Last year, about 310M people lived in this country. That's a 14.8% increase in population, roughly speaking, yet attendance numbers for the league have essentially not grown. Obviously, there are other factors but the point remains.
2008-9: NBA 17,520
2007-8: NBA 17,396
2006-7: NBA 17,767
2005-6: NBA 17,548
In 1997-1998, the average attendance was 17,135. 270M people lived in the U.S. at that point. Last year, about 310M people lived in this country. That's a 14.8% increase in population, roughly speaking, yet attendance numbers for the league have essentially not grown. Obviously, there are other factors but the point remains.
Revenue =/= attendance
The salary cap has gone up every year. Last year the NBA made more money than it ever has and spent the least on player salaries in at least 13 years.
How the owners lost all of that money where before they haven't is a mystery. If teams lost money it means means they had a poor product and have a MASSIVE disadvantage in ceiling of revenue (market). Revenue sharing fixes that disparity in income, BRI cuts and hard caps do not. That helps backwater and mismanaged franchises break even and big market teams make INSANE profits.
The salary cap has gone up every year. Last year the NBA made more money than it ever has and spent the least on player salaries in at least 13 years.
How the owners lost all of that money where before they haven't is a mystery. If teams lost money it means means they had a poor product and have a MASSIVE disadvantage in ceiling of revenue (market). Revenue sharing fixes that disparity in income, BRI cuts and hard caps do not. That helps backwater and mismanaged franchises break even and big market teams make INSANE profits.
I thought inherent to owning a business was risk? But the establishmentarians in the middle of making that argument are trying to remove risk from the equation. It's puzzling. Either way, that money should probably come from the pockets of Dolan and Buss, not Lebron (whether you hate him or not, he's really worth more than the Cavs were).
Gyp Rosetti
Banned
I realize revenue does not equal attendance. And again, how much money did the NBA make last year? People keep saying it made money? Based on what?
billyshelby
Well-Known Member
Purely speculating, but I'd guess corporate sponsors declined significantly from 2009 on. Hard to imagine merchandise sales didn't take a hit, either. And there was undoubtedly a very disparate hit on attendance. Some small markets probably got killed if their populations were more affected by unemployment.
I'm shooting from the hip a little. I'm concluding that based on three things
1. If the salary cap goes up, total revenue has gone up. Period. It has never gone down (at least not in the years where it would be relevant). Just based on that the odds that they'd do so last season are unlikely.
2. In one half of the NBA (mis)information campaign, it boasts of revenue being great in the last year (the other half being that the NBA is hemorrhaging money).
3. I've seen it written many times that last year was an especially good year and/or the most money netted by the league. Combining points one and two makes it easy to conclude that the NBA made the most money it ever has in the last year.
I know you were searching for links, but I don't have them at the moment. Maybe I'll find them or maybe I won't. I thought this was common knowledge.
green
Well-Known Member
I completely disagree. Yes, there is risk in owning a business, but as a business owner, you should not be stupid and take more risks than possible. As a smart owner, you should do everything you can to remove/reduce risk. If you aren't, then you will go bankrupt.
LeBron is not worth more than the Cavs are (well, I guess his personal worth might be higher). The Cavs have been around a long time before LeBron came along and they will exist a long time after he is gone. Players are a dime a dozen. LeBron is special, but he cannot carry a league. And, as good as LeBron is, as great as Michael was, there will always come another that is bigger, faster, stronger, better. There are a lot less Larry Miller's, Mike Dolan's, Mark Cuban's, etc to fund a whole franchise.
There is nothing wrong with the owners trying to screw the players. There is nothing wrong with the players trying to squeeze every dime they can. The problem is when the players are too stupid to realize that all their posturing is costing them money, not the other way around.
I don't understand the comment on players salaries and have seen it in here before. They were guaranteed 57% of BRI. If BRI goes up it seems to me that players salaries would rise accordingly. If player contracts don't add up to 57% then as I understand it, they are paid the difference out of an escrow account. Is that not what happens?
freakazoid
Well-Known Member
....today's Jazzfanz is virtually unreadable......and the only reason I read some of it, is because......I really can't think of a good reason. So I'm pulling for someone to stab me in the eyes with a fork.......so I won't be able to read any of it anyway!